Transparency Market Research in its new report titled, “Tertiary-Butyl Methacrylate Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the Tertiary-Butyl Methacrylate market. The new report anticipates that the increasing range of applications in various end-user industries such as automotive and construction will drive the Tertiary-Butyl Methacrylate market during the forecast period i.e, 2018-2026. Moreover, the increase in demand for tertiary-butyl methacrylate in LCD and LED flat screens will also drive the Tertiary-Butyl Methacrylate market. Furthermore, high investments in R&D activities by global manufacturers are anticipated ensure a robust expansion in the Tertiary-Butyl Methacrylate market.
The report has segmented the Tertiary-Butyl Methacrylate market based on derivative, application, end-use industry and geography. In terms of derivative, the Tertiary-Butyl Methacrylate market is split into ethyl methacrylate, butyl methacrylate, methyl methacrylate, and tertiary-butyl methacrylate. Based on application, the report has divided the tertiary-butyl methacrylate market into acrylic sheets, molding, paints & coatings, additives, and others. Among these, the molding segment dominated the tertiary-butyl methacrylate market owing to increase in demand for acrylic resins in end-use products such as tail lights of trucks and cars, instruments, clusters, etc.
In accordance with end-use industry, the Tertiary-Butyl Methacrylate market is categorized into architecture & construction, advertisement & communication, electronics, automotive, and others. The automotive segment leads the market owing to widespread use of tertiary-butyl methacrylate in automotive glazing. The TMR report has classified the Tertiary-Butyl Methacrylate market in terms of regional perspective into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is expected to lead the Tertiary-Butyl Methacrylate market owing to the rise in building & construction activities in the region.
Prominent players operating in the Tertiary-Butyl Methacrylate Market are included in this report to give a better competitive analysis and these are Mitsubishi Chemical, Nippon Shokubai, BASF, Sumitomo Chemical, LG Chem, Eastman Chemical Company, The DOW Chemical Company, Evonik Industries, Arkema, and Hitachi Chemical.
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